Insurance Post

SRA launches unrated insurer ban consultation

scales of justice

The Solicitors Regulation Authority is to consult on a potential bar on professional indemnity insurers rated below B on financial strength.

The SRA currently requires insurers only to be authorised by the Prudential Regulation Authority or to be an EEA insurer 'passported' into the country.

However, it said that a Marsh study, sparked by

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